North Korea’s cyberattacks on the cryptocurrency world will take center stage at the upcoming G7 summit. The nation has stolen an astonishing $1.3 billion from crypto exchanges through […]
UN Warns of Global Rise in Cyber Fraud as Networks Reach $40 Billion Revenue
The United Nations Office on Drugs and Crime (UNODC) has issued a critical report warning about the escalating threat of cyber fraud networks. These illicit operations, generating nearly […]
G7 To Address North Korea’s Billion-Dollar Crypto Heists at Canada Summit
At its upcoming summit in June, the G7 will confront North Korea’s escalating cyberattacks and cryptocurrency thefts. This move follows growing global concern over Pyongyang’s use of cybercrime […]
U.S. Sanctions KNA for Cyber Fraud, Targeting Criminal Networks
The U.S. Department of Treasury has imposed sanctions on the Karen National Army (KNA), also known as the Karen Border Guard Force, and its leadership due to their […]
Indian Police Recover $3,074 in Cryptocurrency Fraud Case
The Cyberabad Cybercrime Police in India successfully helped a victim retrieve the $3,074.14 lost to online cryptocurrency fraud. Authorities worked through a series of investigative steps, ultimately securing […]
Texas Seeks to Integrate Cryptocurrency ATMs in Federal Buildings
Rep. Lance Gooden of Texas has urged the General Services Administration (GSA) to install cryptocurrency ATMs within federal buildings, aiming to expand financial access for American citizens. His […]
Phishing Losses Soar in April, Reaching $5.29 Million Despite Increased Victims
The latest phishing report from ScamSniffer reveals a concerning trend: losses climbed to $5.29 million in April 2025, despite a significant increase in victim count. According to the […]
U.S. Treasury Targets Huione Group for North Korea Laundering Ties
The U.S. Department of the Treasury is proposing a rule that would cut off Huione Group, based in Cambodia, from accessing the US financial system. The move follows […]
U.S. Treasury Isolates Huione Group Over Crypto Ties, Potentially Disrupting Illicit Activities
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) plans to restrict the access of the Huione Group, a major Cambodian-based entity, to U.S. banking due to its alleged […]
Kraken Uncovers North Korean Hacker in Job Interview
Kraken’s security team recently uncovered a suspected North Korean cybercriminal during an engineering job interview, highlighting the sophisticated tactics used by state-sponsored hackers against cryptocurrency companies. The incident […]
Binance’s Response to KiloEx Cyberattack: A Case Study in Security and Recovery
The recent cyber attack on KiloEx has highlighted the vulnerability of cryptocurrency exchanges to sophisticated cyber threats. While a significant portion of $7.5 million was stolen, Binance responded […]
Crystal Intelligence Acquires Scam Alerts Platform to Combat Cryptocurrency Fraud
Blockchain forensics company Crystal Intelligence has agreed to acquire Scam Alerts, the Web3 scam notification platform operated by Whale Alert. The acquisition, expected to close in May, will […]
Crypto Security Breaches Exceed $364 Million in April 2025
A recent report from Foresight News reveals that the cryptocurrency industry faced significant security breaches in April 2025, resulting in total losses exceeding $364 million. Out of this […]
Stolen Bitcoin Funds Laundered Through Multiple Platforms, Impacting Monero Prices
A large-scale theft involving 3,520 BTC, worth around $331 million, has been reported. Initial findings suggest the stolen funds are being laundered through at least six rapid exchange […]
Bitcoin Hack Fuels $330M Loss: Monero Price Soars as Crypto Laundering Takes Center Stage
A massive $330 million Bitcoin theft has sent shockwaves through the cryptocurrency community, highlighting the ongoing vulnerabilities and illicit activities in this burgeoning market. The hacking, revealed by […]